Back On Track

I’m happy to report that we seem to be back on track financially. We’ve had a long-standing self-imposed spending limit of $1000/month for everything that can possibly be charged to a credit card. This includes things like our phone bill, gas, food, entertainment, etc. but does not include things like the mortgage and our health insurance premiums, which are deducted from our bank account every month. Back in February when we started remodeling our kitchen, our credit card bill started to get a little ugly. We still paid it off every month, but we had a couple months with balances closer to $2000, and one month we nearly hit the $2500 mark. Lots of little trips to Home Depot added up, as did the eating out we did while our kitchen was in limbo. But now that we’re finished with all the home improvements, it looks like things are back to normal. It helps that we’ve really only left the house to go for walks since our baby was born – very little shopping going on these days in the Frugal Babe household. But still, when our credit card billing cycle ends the first week in June, our balance should be under $1000 again. That’s a good feeling!